The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (33073)	12/7/2010 2:27:26 PM
From: Giordano Bruno	1 Recommendation Read Replies (1) of 71455

LOL, SAN FRANCISCO (MarketWatch) -- U.S. sovereign debt ratings from Moody's Investor Service could be hurt by extended tax cuts in the long term, Reuters reported Tuesday. Moody's lead analyst for U.S. sovereign debt, Steven Hess, told Reuters he is not concerned by an extension of the Bush tax cuts on the U.S.'s AAA rating over the next 18 months to two years, but he is worried about what happens after two years when the extensions are set to expire again. "We have long term concerns about the (U.S. credit) outlook and they are not yet being addressed. We're waiting to see if they're going to be addressed in the next couple of years," Hess told Reuters in an interview. Bought and paid for.

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